ZipRecruiter

Log In

1

Junior Loan Processor Jobs in Silver Spring, MD (NOW HIRING)

CrossCountry Mortgage

Loan Processor

Columbia, MD · On-site

$18.50 - $24.75/hr

The Loan Processor is responsible for providing quality customer service by obtaining necessary documentation to underwrite the loan and orders third party documentation by communicating directly ...

NVR Inc

Loan Processor

Fairfax, VA

$55K - $65K/yr

As a Loan Processor for NVR Mortgage, you will work directly with our homebuying customers from Ryan Homes, NVHomes and Heartland Homes . You will impact the lives of our customers while working in ...

Crosscountrymortgage

Loan Processor

Columbia, MD

$18.50 - $24.75/hr

The Loan Processor is responsible for providing quality customer service by obtaining necessary documentation to underwrite the loan and orders third party documentation by communicating directly ...

NVR, Inc.

Loan Processor

Baltimore, MD · On-site

$55K - $65K/yr

As a Loan Processor for NVR Mortgage, you will work directly with our homebuying customers from Ryan Homes, NVHomes and Heartland Homes . You will impact the lives of our customers while working in ...

NVR, Inc.

Loan Processor

Fairfax, VA · On-site

$55K - $65K/yr

As a Loan Processor for NVR Mortgage, you will work directly with our homebuying customers from Ryan Homes, NVHomes and Heartland Homes . You will impact the lives of our customers while working in ...

Capital Bank

Mortgage Loan Processor

Rockville, MD

$25.51 - $35.71/hr

Position Purpose The Mortgage Loan Processor works closely with loan originators to process mortgage loans in order to provide a best-in-class customer experience. The Processor receives the ...

Capital Bank

Mortgage Loan Processor

Rockville, MD · On-site

$25.51 - $35.71/hr

Position Purpose The Mortgage Loan Processor works closely with loan originators to process mortgage loans in order to provide a best-in-class customer experience. The Processor receives the ...

Signature Federal Credit Union

Be Seen First

Home Equity | Mortgage Loan Processor

Alexandria, VA · On-site

$20.37 - $30.55/hr

Explains loan programs to members, evaluates their needs and recommends options. * Pulls credit ... To develop recommendations for cost efficiency and enhancements to products, pricing, processes by ...

NFM Lending

Processor

Bethesda, MD · On-site

$28.85 - $33.66/hr

This role involves coordinating with loan originators, borrowers, and third-party vendors to facilitate timely closings. The Processor ensures compliance with company policies, lender guidelines, and ...

NFM, Inc.

Processor

Bethesda, MD · On-site +1

$28.85 - $33.66/hr

This role involves coordinating with loan originators, borrowers, and third-party vendors to facilitate timely closings. The Processor ensures compliance with company policies, lender guidelines, and ...

next page

Showing results 1-20

All JobsLoan Processor JobsJunior Loan Processor JobsJunior Loan Processor Jobs in Silver Spring, MD

Junior Loan Processor information

See Silver Spring, MD salary details

$34.1K

$37.6K

$39.8K

How much do junior loan processor jobs pay per year?

As of Jul 26, 2026, the average yearly pay for junior loan processor in Silver Spring, MD is $37,556.00, according to ZipRecruiter salary data. Most workers in this role earn between $37,200.00 and $37,200.00 per year, depending on experience, location, and employer.

What does a Junior Loan Processor do?

A Junior Loan Processor assists in the preparation, review, and processing of loan applications. They gather and verify financial documents from borrowers, ensure all necessary paperwork is complete, and work closely with loan officers and underwriters to move applications through each stage of approval. Their responsibilities also include maintaining accurate records, communicating with clients about missing information, and helping resolve any issues that may delay the process. This role is often an entry point into the mortgage or banking industry, providing valuable experience in loan operations.

What are some common challenges faced by Junior Loan Processors, and how can they be overcome?

Junior Loan Processors often encounter challenges such as managing multiple loan files simultaneously, keeping up with frequent regulation changes, and ensuring accurate documentation. These challenges can be overcome by developing strong organizational skills, seeking mentorship from senior processors, and staying updated on lending guidelines through regular training. Building effective communication with loan officers, underwriters, and clients also helps streamline the process and reduces errors.

What are the key skills and qualifications needed to thrive as a Junior Loan Processor, and why are they important?

To thrive as a Junior Loan Processor, you need a solid understanding of financial documentation, attention to detail, and basic knowledge of mortgage or loan processes, typically supported by a high school diploma or relevant coursework. Familiarity with loan origination systems (LOS), document management software, and compliance guidelines is often required. Strong organizational skills, effective communication, and the ability to multitask set top performers apart in this role. These abilities are crucial for ensuring accurate, efficient loan processing and maintaining regulatory compliance in a fast-paced lending environment.

What is the difference between Junior Loan Processor vs Loan Processor?

AspectJunior Loan ProcessorLoan Processor
CredentialsHigh school diploma, some financial or banking certificationsHigh school diploma, relevant certifications preferred
ExperienceEntry-level, limited experienceModerate experience in loan processing
Work EnvironmentSupportive, training-focused teamMore independent, responsible for full loan processing
ResponsibilitiesAssist with document collection, data entry, initial reviewVerify documents, prepare loan files, communicate with clients

The main difference between a Junior Loan Processor and a Loan Processor is experience and responsibility level. Junior Loan Processors typically handle entry-level tasks and require less experience, often working under supervision. Loan Processors have more independence, handle complex tasks, and have a deeper understanding of loan procedures. Both roles are essential in the loan processing workflow, with the Junior role serving as a stepping stone to more advanced positions.

What are the most commonly searched types of Loan Processor jobs in Silver Spring, MD? The most popular types of Loan Processor jobs in Silver Spring, MD are:
What are popular job titles related to Junior Loan Processor jobs in Silver Spring, MD? For Junior Loan Processor jobs in Silver Spring, MD, the most frequently searched job titles are:
What job categories do people searching Junior Loan Processor jobs in Silver Spring, MD look for? The top searched job categories for Junior Loan Processor jobs in Silver Spring, MD are:
What cities near Silver Spring, MD are hiring for Junior Loan Processor jobs? Cities near Silver Spring, MD with the most Junior Loan Processor job openings:
Junior Loan Processor jobs near you
Infographic showing various Junior Loan Processor job openings in Silver Spring, MD as of July 2026, with employment types broken down into 93% Full Time, 5% Part Time, and 2% Contract. Highlights an 92% Physical, 3% Hybrid, and 5% Remote job distribution, with an average salary of $37,556 per year, or $18.1 per hour.
Loan Processor

Loan Processor

CrossCountry Mortgage

Columbia, MD • On-site

$18.50 - $24.75/hr

Full-time

Medical, Dental, Vision, Retirement

Posted 7 days ago

CrossCountry Mortgage rating

7.4

Company rating: 7.4 out of 10

Based on 27 frontline employees who took The Breakroom Quiz

Job description

CrossCountry Mortgage (CCM) is the nation's number one distributed retail mortgage lender with more than 9,000 employees operating over 700 branches and servicing loans across all 50 states, D.C. and Puerto Rico. Our company has been recognized ten times on the Inc. 5000 list of America's fastest-growing private businesses and has received many awards for our standout culture.
A culture where you can grow! CCM has created an exceptional culture driving employee engagement, exceeding employee expectations, and directly impacting company success. At our core, our entrepreneurial spirit empowers every employee to be who they are to help us move forward together. You'll get unwavering support from all departments and total transparency from the top down.
CCM offers eligible employees a competitive compensation plan and a robust benefits package, including medical, dental, vision, as well as a 401K. We also offer company-provided short-term disability, an employee assistance program, and a wellness program.
Position Overview:
The Loan Processor is responsible for providing quality customer service by obtaining necessary documentation to underwrite the loan and orders third party documentation by communicating directly with the customer and/or Loan Officer. The Loan Processor provides proper disclosures when required by applicable local, state, and federal regulations.
Job Responsibilities:
  • Perform a thorough review and analysis of borrower's credit, employment, income, and assets as required by the loan program before submitting to underwriting.
  • Assemble the complete loan package in proper order for underwriting.
  • Verify all required documentation (pre-underwrite) in the file.
  • Complete the required loan checklist.
  • Verify that an application is complete and accurate; identify any potential issues that may arise in underwriting.
  • Prepare a loan approval summary, Forms 1008 and 1003, and ensure the accuracy of all the information printed on the documents; communicate directly with the Loan Originator, customer, and Underwriter to obtain initial and any missing documentation required to qualify for the loan.
  • Review loans for compliance with all mortgage-related regulations (RESPA, TIL, HMDA, Reg. B, etc.) and prepare required disclosures.
  • Communicate with various companies to obtain Property Survey, Flood Certificate, Title Commitment, and payoff information.
  • Verify that vendor orders are complete, invoices are received and in the applicant's E-file.
  • Manage pipeline by completing and submitting reports within allotted turn-around times.
  • Assist set-up of loans.
  • Document all communication related to the loan application in the conversation log.
  • Train and assist supervision of new Loan Processors and other processing personnel.
  • Assist closing, secondary marketing, and loan servicing to obtain and clear outstanding suspense items from CrossCountry Mortgage investors.
  • Available to work varying hours and overtime if needed.

Qualifications and Skills:
  • High School Diploma or equivalent.
  • Minimum of 5 years' residential mortgage processing experience.
  • Experience with Encompass.
  • Working knowledge of RESPA regulations and general knowledge of all mortgage and consumer lending regulations, including but not limited to Regulation Z and Regulation B requirements, and loan documents, preferred.
  • Knowledge of DU, LP, Microsoft Office, and Windows.
  • Excellent math and analytical skills.
  • Excellent communication skills.
  • Excellent prioritization and time management skills.

This job description is intended to convey information essential to understanding the scope of the job and the general nature and level of work performed by job holders within this job. However, this job description is not intended to be an exhaustive list of qualifications, skills, efforts, duties, responsibilities or working conditions associated with the position.
CrossCountry Mortgage, LLC offers MORE than a job, we offer a career. Apply now to begin your path to success! careersatccm.com
CrossCountry Mortgage, LLC strives to provide employees with a robust benefit package: https://mycrosscountrybenefits.com
California residents: Please see CrossCountry's privacy statement for information about how CrossCountry collects and uses personal information about California applicants.
CrossCountry Mortgage supports equal employment opportunity in hiring, development and advancement for all qualified persons without regard to race, color, religion, religious creed, national origin, age, physical or mental disability, ancestry, marital status, uniformed service, covered veteran status, citizenship status, sex (including pregnancy, childbirth, and related medical conditions, and lactation), sexual orientation, gender identity, gender expression, transgender status, domestic violence victim status (where applicable), protected hair style or texture, genetic information (testing or characteristics), or any other protected status of an individual or because of the individual's association with a member of a protected group or any other characteristic protected by federal, state, or local law ("Protected Characteristics"). The collective sum of the individual differences, life experiences, knowledge, inventiveness, innovation, self-expression, unique capabilities and talent that our employees invest in their work represents a significant part of not only our culture, but our reputation. The Company is committed to fostering, cultivating and preserving a culture that welcomes diversity and inclusion.
CrossCountry Mortgage, LLC (NMLS3029) is an FHA Approved Lending Institution and is not acting on behalf of or at the direction of HUD/FHA or the Federal government. To verify licensing, please visit www.NMLSConsumerAccess.org

What CrossCountry Mortgage employees say

Pay

Benefits

Hours and flexibility

Workplace

Get the full story on Breakroom

Apply